MSS Client Alert -SBA Guidance on Fund Limits for Owners/Self-Employed Individuals & High Earning Individuals
You asked, the Small Business Administration (“SBA”) answered. Following passage of the Paycheck Protection Program Flexibility Act, the SBA issued guidance increasing the maximum amount of payroll costs that can be forgiven for business owners, self-employed individuals and employees earning more than $100,000 when a borrower uses a 24-week covered period.
To download the full client alert, please click here.
Attorneys Involved:
Andrea B. Neuman
Partner
Practice Area:
Employment
,
Commercial Litigation
Office: Connecticut, New York
abn@mss-pllc.comBob G. Goldberg
Partner
Practice Area:
Taxation & Estates
,
Corporate & Securities
,
Employment
Office: New York
bgg@mss-pllc.com